Top Tech

Forter, an automated fraud detection platform for ecommerce, has raised $125 million in a series E round that values the company at over $1.3 billion. The raise comes as ecommerce transactions surge under pandemic-driven lockdowns. But the throngs of people jumping online to shop have opened the floodgates to fraud. Recent data suggests digital fraud attacks have doubled in 2020, while the U.K.

Though humans historically provided concierge services for commercial buildings, guiding visitors to their destinations and answering questions, artificial intelligence and computer vision have advanced to the stage where fully digital alternatives can offer the same or better guidance. So Resonai is targeting enterprises with today’s launch of Vera Concierge, an augmented reality system that…

Hari Sivaraman is the Head of AI Content Strategy at Venturebeat. Modern day enterprise security is like guarding a fortress that is being attacked on all fronts, from digital infrastructure to applications to network endpoints. That complexity is why AI technologies such as deep learning and machine learning have emerged as a game-changing defensive weapon in the enterprise’s arsenal over…

IBM today acquired Instana, a German-American software firm that specializes in developing application performance management software. The acquisition represents IBM’s continued investment in hybrid cloud, big data, and AI capabilities. Terms of the deal weren’t disclosed. As workflows evolve, organizations are moving away from monolithic apps toward more complex distributed systems. With…